Cities
Phoenix-Area Asset Trades for $18M
Cushman & Wakefield’s David Fogler and Steven Nicoluzakis intermediated the sale of a 95-unit community in Old Town Scottsdale, Ariz.
Seattle’s Met Tower Commands $216M
JLL was instrumental in negotiating the sale of the iconic residential building, which is across the street from Amazon’s headquarters.
Raleigh Student Housing Assets Change Hands
The Priess Co. has sold a portfolio of three communities totaling 890 beds to a Chicago-based firm.
South Florida Community Trades for $56M
A Miami-based investment firm picked up the 206-unit residential property in Pembroke Pines, Fla.
Fast-Growing Colorado Town Gets 1st Community
Rooney Properties developed the 176-unit luxury property in Timnath, on the outskirts of Fort Collins.
IRET Expands Denver, Minneapolis Portfolios
Apart from paying $125.3 million for two communities in Colorado and Minnesota, IRET also sold its entire Topeka, Kan., portfolio for $82.8 million.
JBG SMITH’s Plan for National Landing Redevelopment Takes Off
The firm submitted plans for six projects located within half a mile of Amazon’s new headquarters.
Luxury Community Commands $89M Near San Francisco
Essex Property Trust acquired the 132-unit asset in Redwood City. An Institutional Property Advisors team assisted the seller in the deal.
JLL Income Property Trust Buys Charlotte Asset for $55M
The REIT boosted its apartment allocation to more than $950 million by scooping up the new, 230-unit community in the city’s Uptown area.
Downtown Richmond Gets New Luxury High-Rise
The Locks Tower was developed by a partnership of WVS Cos. and PRG Real Estate.